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Updated over 6 years ago on . Most recent reply

User Stats

64
Posts
40
Votes
Barb Asay
  • Rental Property Investor
40
Votes |
64
Posts

Quicken, how to record shared expenses for rentals

Barb Asay
  • Rental Property Investor
Posted

Hi, I'm new here and have a question.

I have 8 rental units and have been using YNAB for accounting because I LOVE it for my personal finances, but its super limited on reporting so I have decided to try Quicken.  I just downloaded the Home and Business 2018 version.

My question is:  How do I record what will later be tax deductions as common expenses?  For example, bank fees and company supplies?

Edit:  Also wondering how to record my owner contributions and distributions

Thanks!

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